The latest to announce an expansion of its services in the area is Allstate Insurance Company, which plans to open 12 new agencies in Austin and hire 80 sales professionals distributed across all of their agencies in the area. According to a statement by the company, they decided to expand in Austin because of the city’s rapid growth – there are more families to insure now.

Allstate agency owner candidates need a minimum of $50,000 of liquid capital to invest in their agency. Allstate also offers a $1,000 award to anyone who refers a qualified candidate to Allstate.

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